BUSINESS ADMINISTRATION
BUSINESS ENVIRONMENT
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Negligence of some areas
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Lack of planning
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Lack of skill set
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All of these
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Detailed explanation-1: -Adverse climate and proneness to flood are also responsible factors for poor rate of economic development of different regions of the country as reflected by low agricultural productivity and lack of industrialisation. Thus these natural factors have resulted uneven growth of different regions of India.
Detailed explanation-2: -Regional Disparities refer to differences in economic development and uneven economic achievement in different geographical regions. The coexistence of relatively developed and economically depressed states and even regions within each state is known as a regional imbalance.
Detailed explanation-3: -Regional disparity refers to a situation where different indicators such as per capita income, consumption level, food availability, agricultural and industrial development, infrastructural development are not similar among regions.